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I am trying to find a study with data on the operating expense ratio for residential real estate, and hopefully something that applies to my area. I want to use the data to prove this ratio to my real estate agent. He...
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I’m looking into buying a single family residence and building a second unit as a duplex or ADU, but my lender and other posts online say that is very difficult to get a correct appraisal done for a 2 unit home. In so...
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After numerous conversations with investors, CFAs, data scientists and economists in conjunction with my own understanding and study as a CFA candidate, I thought it would be worthwhile to share my thoughts on how I t...
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I have been managing a 4500 sq ft (3 unit commercial) building for a few months for my aging mother. I will be inheriting a great property but currently she’s almost 30-40% under ASF per ur, plus not its in an LLC bu...
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A tenant asked me if she could paint the kitchen/bedroom in her unit. She's a good tenant who takes care of the property. Nothing in lease about this, what are pros & cons?For those of you who have allowed tenan...
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Hello All,
I am interested in knowing the Ins-and Outs of rehabbing houses from someone that has done it before. I am a DIY Guru but, want to know the nitty gritty of the entire process from start to finish. I am in...
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I just graduated flight school and I have a school loan because of it. The payments for the loan are deferred for 2 years, but still accrue interest (interest rate is 7.2% and balance is ~$60k). I intend to buy my fir...
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Is there anyone in BP actively doing Air BNB / short term rental on a full time basis? I have about 10 Air BNB/Short Term rentals and find myself in need of hiring a semi-full time VA to help me manage the back end o...
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Hi, I'm trying to figure out how much of a discount I should ask for if the expenses run higher than 50% of gross rent. For example 60% of gross rent... Does that mean I should walk away from the property or just c...
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Im currently using a basic Excel spreadsheet to keep track of my properties and tenants. My file is detailed but not enough. Im looking for a software that can help me better manage the finances as well as tenants for...